The wealth management arm of the German lender Deutsche Bank has reportedly made three strategic appointments to its South-east Asia team.

The bank has named Felicia Tan as director and team leader, Edmund Tee as vice-president, and Dita Darmawan as director, the Business Times reported.

Tan and Tee, whose appointments are effective from 22 November 2021, are working from the bank’s location in Singapore. They report to Deutsche Bank South East Asia group co-head Urs Brudermann.

Darmawan, who will assume his role on 25 November 2021, reports to Deutsche Bank South East Asia group co-head Ingrid Widjaya.

Tan joins the bank from BNP Paribas Wealth Management, where he was the director and team head.

Prior to that, she worked for about ten years at Credit Suisse, where she started out as relationship manager and progressed to director.

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By GlobalData

Tan, who has experience in managing high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients across South-east Asia, will primarily focus on catering to Deutsche’s wealth clients in Malaysia.

Tee, who has 17 years of experience in the banking and finance space, also joins Deutsche Bank from BNP Paribas Wealth Management.

At BNP Paribas, he served the role of vice-president, responsible for a portfolio of HNW individuals and corporations. He worked at CIMB Private Banking and Credit Suisse before joining BNP Paribas.

Darmawan joins the bank from UBS where she served as a director. Prior to that, she worked at Standard Chartered and Barclays Bank.

Commenting on the new appointments, Deutsche Bank Wealth Management Southeast Asia head Chow Shang-Wei said: “Their addition is part of our ongoing expansion strategy in South-east Asia, demonstrating our commitment to investing in more talents and resources to help achieve clients’ ambitions. We will continue to make strategic hires to support our clients with differentiated solutions that meet their evolving needs at all stages of life.”